MBFI Crosses Below Key Moving Average Level

In trading on Wednesday, shares of MB Financial Inc ( MBFI) crossed below their 200 day moving average of $28.35, changing hands as low as $28.06 per share. MB Financial Inc shares are currently trading off about 2.4% on the day. The chart below shows the one year performance of MBFI shares, versus its 200 day moving average:

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MB Financial Inc 200 Day Moving Average Chart

Looking at the chart above, MBFI's low point in its 52 week range is $20.53 per share, with $32.85 as the 52 week high point — that compares with a last trade of $28.17.

According to the ETF Finder at ETF Channel, MBFI makes up 2.12% of the KBW Regional Banking Portfolio ETF ( KBWR) which is trading lower by about 2% on the day Wednesday.